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China vows to speed up Internet of Things development: MIIT

China is seeking breakthroughs in key technologies of the Internet of Things (IOT), and says it will strengthen the industry over the next five years, a senior official said Wednesday.

The country plans to step up IOT research in its 12th Five-Year Plan period, to build a comprehensive technology system as well as a set of internationally recognized standards, Yang Xueshang, vice minister of industry and information technology said at a forum held in the southern city of Shenzhen.